EDITION #300
Perth, Western Australia - Tuesday September 5, 2023 |
Mineral Commodities back in black with turnaround profit |
Mineral Commodities is back in the black with an annual net profit of more than US$780,000 for the past financial year, compared to an annual net loss of about US$4.5 million for the previous reporting period. |
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Lithium Australia doubles financial year revenue to $5.5m |
A significant increase in recycling division sales has doubled Lithium Australia’s annual revenue in the past financial year to $5.5 million, up from $2.5 million during the previous reporting period. |
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American West hits bonanza copper grades at Storm |
American West Metals has unveiled bonanza copper grades at its Storm project in Canada with a 0.3m intercept at a whopping 42.8 per cent copper from 67m, in addition to identifying a new zone of mineralisation. |
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Watch Bulls N' Bears on Flashpoint
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Tune in to Flashpoint each Sunday morning on Channel 7 at 10 am to watch Bulls N' Bears MD Matt Birney talk about the ASX stocks that have run hardest for the week... AND WHY! |
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Lycaon strikes visual nickel-copper in maiden drill campaign |
Lycaon Resources says it has intersected more than 13m of visual nickel-copper sulphides from 364m after plunging a maiden diamond drillhole into its Bow River project near Argyle in Western Australia. |
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Mulga Tank potential firms further for Western Mines |
Western Mines Group tests on two sample digest methods from a shallow 130m nickel intercept at its promising Mulga Tank Complex show better than a 98 per cent similarity and hint at a possible open-pit play. |
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Strickland pops cork after Great Western IP survey |
An IP survey at Strickland Metals’ Great Western project has thrown up a bonzer target for the company, with a high-chargeability anomaly centred over coincident gravity, magnetic and geochemical anomalies. |
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GreenTech test confirms spodumene as lithium host |
GreenTech Metals has confirmed spodumene as the dominant lithium mineral in a single rock-chip sample from its Osborne JV ground following x-ray diffraction (XRD) mineral characterisation analysis. |
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Regener8 beefs up WA future metals project |
Regener8 Resources is set to beef up its strategic landholding to more than 1300 square kilometres at its East Ponton project near Kalgoorlie that is prospective for a gamut of critical and precious metals. |
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Titan samples reveal resource growth targets at Dynasty |
Titan Minerals says mapping and sampling has confirmed several new high-grade gold and silver resource growth targets at its Papayal and Trapichillo prospects that form its Dynasty gold project in Ecuador. |
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Si6 rigs primed to test Botswana nickel sulphide deposit |
Si6 Metals has unveiled plans to kick off a 10,000m drilling program next month at three prospects within its flagship Maibele nickel sulphide deposit in Botswana, with a mineral resource upgrade looming. |
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Emu knuckles down on rare earths search at Condingup |
Perth-based explorer Emu NL has kicked off its maiden drilling campaign at its 100 per cent-owned Condingup clay-hosted rare earths project, near Esperance on Western Australia’s scenic south coast. |
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MSCI global index rating to boost Latin exposure |
Latin Resources has been added to the respected Morgan Stanley Capital International (MSCI) Global Small-Cap Index in a move expected to see the company gain increased exposure to bigger global institutions. |
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Kalamazoo launches fresh gold hunt at Ashburton |
Kalamazoo Resources has kicked off an 1100m drill program at the Styx and Charon prospects within its Ashburton gold project in Western Australia’s Pilbara region to test for shallow oxide gold mineralisation. |
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Antilles spots “lots of copper” in core at El Pilar |
Antilles Gold says three diamond cores taken from its Gaspar copper-gold prospect at its El Pilar project in central Cuba show porphyry and breccia-style copper mineralisation up to 190m thick. |
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Askari sampling shows 4.6km Pilbara lithium corridor |
Askari Metals has highlighted three significant mineralised corridors of anomalous lithium across a strike length of 4.6km following a successful sampling program at its Hillside project in WA’s Pilbara region. |
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Horizon eyes maiden resource for Pinner gold prospect |
ASX-listed Horizon Minerals has its eyes on a maiden resource for its Pinner prospect near Kalgoorlie after revealing positive results from an infill drilling program at its Greater Boorara-Cannon gold project. |
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Lithium Universe launches James Bay hunt |
Lithium Universe is on the ground at its Apollo project in Canada’s James Bay, armed with a helicopter and a swag of targets generated by artificial intelligence – less than a month after re-listing on the ASX. |
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Lindian bauxite gains attention, sales deal looms
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Lindian Resources has moved to commercialise its Gaoual bauxite project in Guinea by inking a memorandum of understanding for a possible sales contract with prominent miner Compagnie des Bauxites de Guinée. |
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